BUSINESS

Tata plans to start producing green steel - or steel made without using fossil fuels - in 2030 at its plant in Ijmuiden, Netherlands.

German chemicals maker Covestro cut its 2022 earnings guidance for the third time this year on Tuesday as it reported weaker-than-expected quarterly profits, blaming soaring gas and raw material prices.

Yoon mapped out details of the 639 trillion won ($445 billion) proposal for next year to a half-empty National Assembly hall that was missing members of the Democratic Party, which holds a majority in the 300-strong parliament.

Profits at Switzerland's largest bank were down 24 percent to $1.7 billion from July to the end of September.

For Novartis, which reports results in dollars, a strong U.S. currency was also a drag on the value of sales generated outside the United States.

The pressure is on for Switzerland's second-biggest bank after investors saw their money go up in smoke due to the collapse in share prices.

Aas the world seeks to move away from fossil fuels, lithium production -- and prices -- have skyrocketed, as have the expectations of communities near lithium plants, many of whom live in poverty.

Trading volumes between bitcoin and the pound jumped 233% in September overall from the month before, according to data from research firm CryptoCompare, while trading between the cryptocurrency and a similarly battered euro also jumped 68%.

Mirae Asset earlier this year invested in Musk's rocket and satellite company SpaceX, the person said.

Various versions of legislation have been proposed in South Korea in the hope of making the companies pay what supporters of the reform call a fair price.

The opposition comes amid strong support for hourly workers in America from Democratic lawmakers and the White House, giving labor greater influence on the outcome of the deal.

Prices on some 20,000 food and drink items in Japan have gone up this year, according to researcher Teikoku Databank, particularly prices for imported items.

Asia-Pacific was the group's fastest growing region with a 22.7% revenue rise in the quarter at constant exchange rates to 761 million euros.

Walmart is doubling down with a plan to take full control of its African problem child, which it unveiled in August.

Separate official data showed Britain's borrowing grew by more than expected, underscoring the challenge facing new finance minister Jeremy Hunt and whoever succeeds Liz Truss as prime minister next week.

The deadline for submission of final bids for the tower, China Evergrande Centre, which is valued at between HK$8 billion and HK$9 billion ($1.02 billion to $1.15 billion), ends on Oct. 31.

For Shi Zheng, a 27-year-old student, the chance was too good to pass up. In August, he sold the Porsche Panamera sportscar he had bought brand new less than a year earlier and made a 10% profit.

Pelliconi, which produces 35 billion bottle tops a year, mostly in Italy but also in Egypt and China, stepped up production of energy-intensive semi-finished goods, invested in solar panels and commissioned a prototype of a new digital printer for metal sheets that did not require gas ovens.

Lukin said she expects the vaccine - currently provided for free to all by the government - will be made available at no cost to people who have private insurance or government paid insurance.

At least six brokerages lowered their price targets on the stock, with Tesla bull Wedbush Securities making the biggest cut of $60 to bring its target to $300. Tesla's third-quarter revenue on Wednesday missed analysts' estimates.

The dollar burst to a new 32-year high against the yen on Thursday as investors bet the Fed will ramp up borrowing costs much more as it struggles to rein in prices.

Instacart has not completely ruled out the option to go public, a source said, but added that the plans to list the company in 2022 looks extremely unlikely.

In its latest move to curb elevated yields, the BOJ said it would conduct an emergency operations, offering to buy 100 billion yen ($665.56 million) of bonds with maturities between 10 and 25 years.

Fed officials have penciled in around a 4.6% stopping point for rate rises by next year, but some policy makers and outside forecasters believe a higher rate will be needed given the persistence of inflation.

The announcement comes in the wake of financial institutions and watchdogs around the world grappling on how to regulate digital currencies.

Philip Morris increased its bid by more than 9% to 116 Swedish crowns per share and said that the offer was its "best and final price".

The deal will give selected manufacturers the opportunity to develop, manufacture and supply generic versions of nilotinib, a twice-daily oral medication used to treat chronic myeloid leukaemia (CML).

The executions, which also included two members of Basque separatist group ETA, on Sept. 27, 1975, sparked outrage and protests in Spain and abroad.

"Oil prices are being whipsawed by a number of drivers in Q4 2022," said Commonwealth Bank commodities analyst Vivek Dhar in a note.